RT: Hungary & Russia seek closer energy, gas transit ties

Russia sees Hungary as a strategic partner and will pursue mutually beneficial energy projects, while Budapest is striving for cooperation with Moscow. The European economy will never be competitive without Russia, the Hungarian PM told Vladimir Putin.

Both Hungary and Russia need each other and are interested in reliable gas supplies and transit, Hungarian Prime Minister Viktor Orban said after signing several deals with President Vladimir Putin

Energy issues dominated the talks between Orban and Putin, for whom it was the first formal visit to the EU-state since the beginning of the Ukrainian crisis in 2014. Budapest and Moscow already reached a “political agreement” on a new gas deal on Tuesday.

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